Economy
OPAP revenues rise but net profits fall in nine-month period
The Greek Organisation of Football Prognostics (OPAP) has released its results for the first nine months of the year, showing that gross gaming revenues (GGR) rose by 4.8 percent compared to the same time last year.
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
The budget primary balance recorded a surplus of 5.36 billion euros in the first ten months of 2017, increasing by 10.2 percent against last year’s figure of 4.86 billion euros, the Finance Ministry preliminary budget execution bulletin showed on Tuesday.
Motor Oil Hellas EBITDA rises to 452.7 mln in 9-month period
Motor Oil Hellas’ financial results for the first nine months of 2017 show that group revenues increased by 28.2 percent compared to the same time last year.
EC upbeat on reforms paying off, as long as they continue
In a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve its four main objectives.
Eurosystem funding falls by 4.38 bln in October as ELA declines
Greek banks’ Eurosystem funding fell by an additional 4.38 billion euros in October, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
Aegean Airlines' nine-month results show 40 pct rise in net profits
Aegean Airlines’ nine-month results for 2017 showed that revenues grew by 9 percent compared to the same time last year while net profits for the period rose by 40 percent.
Building activity drops by 5.2 pct in August
Building permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4 percent seen in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
Net job hirings balance turns negative by 98,420 in October
The employment balance turned negative in October as hirings fell short of departures by 98,420, data from the Labour Ministry’s Ergani information system revealed.
Hellenic Petroleum sales increase by 24 pct in nine-month period
Greece’s largest oil refiner, Hellenic Petroleum’s financial results for the first half (H1) of the year show that the group’s sales rose by 24 percent during the first nine months of the year.
IMF adds to calls for no further delays to e-auctions
The International Monetary Fund has added its voice to those on the lenders’ side calling for the Greek government to ensure that electronic auctions are up and running as soon as possible, with the issue gradually becoming one of the defining aspects of the third review.